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My BIG idea: Jargon free, tech enabled retail platformTanvir Alam, Delhi

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Key Take-Aways
  • India has the highest savings rate but when it comes to mutual funds, it is still under penetrated. Financial literacy in our country is only at 24%.

  • Dug deep to find out why people are hesitant to invest; found that people are afraid to jump into anything they don't understand. Jargon, numbers and complexity around financial products stops many.

  • Focused on simplifying finance and investments, spread financial literacy. Removing jargon, numbers and complexity during communication. Using technology and online platform as an enabler to reach out.

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